2013 Ford Shelby GT500 Insurance Rates

Are you confused by the dozens of car insurance company choices? Lot’s of other consumers are too. There are so many choices that it can easily become a lot of work to find the perfect company for you.

It’s a great practice to compare prices every six months due to the fact that insurance rates are rarely the same from one policy term to another. Even if you got the best deal for Shelby GT500 coverage two years ago you may be paying too much now. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to one of the best ways to find great coverage at a great price.

Are you getting all your discounts?

Auto insurance companies don’t necessarily list all available discounts in a way that’s easy to find, so the following is a list of both the well known and the harder-to-find insurance coverage savings.

  • Good Student – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Clubs and Organizations – Being a member of a professional or civic organization may earn a discount when shopping for insurance coverage for Shelby GT500 coverage.
  • Homeowners Pay Less – Simply owning a home can help you save on insurance coverage because of the fact that having a home requires personal responsibility.
  • Defensive Driving Course – Taking part in a course in driver safety could cut 5% off your bill depending on where you live.
  • Early Switch Discount – Some companies give discounts for buying a policy before your current policy expires. It’s a savings of about 10%.

It’s important to note that most discounts do not apply to the entire policy premium. Most only reduce individual premiums such as liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

For a list of companies with the best insurance coverage discounts, click here.

The best way we recommend to compare car insurance company rates is to know the fact most of the larger companies participate in a system to compare rate quotes. All you need to do is give the companies some data like how many miles driven, driver ages, if it has an anti-theft system, and how much coverage you want. That information is automatically sent to multiple car insurance providers and they provide comparison quotes within a short period of time.

To start a rate quote now, click here then complete the form.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Every insured’s situation is different.

These are some specific questions can aid in determining whether your personal situation will benefit from professional help.

  • Can I afford low physical damage deductibles?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I need replacement cost coverage?
  • Is upholstery damage covered by car insurance?
  • What is the rate difference between pleasure use and commuting?
  • What are the best liability limits?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form.

Coverage specifics

Learning about specific coverages of your insurance policy can be of help when determining the best coverages for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Collision insurance

This coverage covers damage to your Shelby GT500 caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a ditch, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Coverage for liability

This coverage will cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair costs for stationary objects, legal defense fees, court costs and emergency aid. How much coverage you buy is your choice, but buy as much as you can afford.

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, a broken windshield and hitting a deer. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills like hospital visits, dental work, chiropractic care and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Ford Shelby GT500.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

A fool and his money are soon parted

Affordable 2013 Ford Shelby GT500 insurance can be sourced online in addition to many insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

Drivers leave their current company for a number of reasons such as being labeled a high risk driver, questionable increases in premium, not issuing a premium refund or policy non-renewal. It doesn’t matter why you want to switch choosing a new company is actually quite simple.

When you buy insurance online, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an insured dropped uninsured motorist or liability limits only to find out that the savings was not a smart move. The proper strategy is to buy the best coverage you can find at the best price, not the least amount of coverage.

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